National: Housing market recovery brings boosts for housebuilder Bovis
PUBLISHED: 09:18 25 February 2014 | UPDATED: 09:23 25 February 2014
More evidence of housing market recovery
Housebuilder Bovis said pre-tax profits rose 48% to £78.8 million last year after it achieved a 19% rise in legal completions to 2,813 homes.
Its average sales price rose 14% to £195,100 as a result of it selling more larger homes and a greater proportion of higher value southern sites.